Principal Short Term Plan
Objective :
Principal Short Term Plan targets steady income or capital appreciation through investment in debt instruments and related securities.
Structure :
Open ended debt scheme.
Inception Date :
April 24, 2002
Plans and Options under the Plan :
Regular Plan and an Institutional Plan. Both the plans have Dividend and Growth Options. The Dividend Plan / Option offer payout, reinvestment and sweep as options. The Growth Plan/Option offers accumulation and auto earning payout as options.
Face Value (Rs/Unit):
Rs 10
Minimum Investment :
Regular Plan- Rs. 5000 and any amount thereafter under each option. Rs.10, 000 - for Auto Earnings Payout (AEP). Institutional Plan- Rs. 10 lakhs and any amount thereafter under the plan, with a minimum of Rs.1 lakh in each option.
Entry Load :
Nil
Exit Load :
Regular Plan- for investments above Rs.10 lakhs - Nil. For investments of Rs.10 lakhs or less- 0.25% if redeemed on or before 7 days from the date of allotment. If redeemed after 7 days from date of allotment- Nil
Institutional Plan- Nil
Daily NAV & Price:
Scheme | NAV | Repurchase Price | Sale Price | Date |
---|---|---|---|---|
Principal Short Term Plan-Dividend | 10.7162 | 10.7162 | 10.7162 | 23-Sep-2010 |
Principal Short Term Plan-Growth | 17.6527 | 17.6527 | 17.6527 | 23-Sep-2010 |
Principal Short Term Income Fund - Dividend Option - Monthly | 12.8362 | 12.8362 | 12.8362 | 14-Dec-2017 |
Principal Short Term Income Fund- Growth Plan | 30.0093 | 30.0093 | 30.0093 | 14-Dec-2017 |
Principal Short Term Plan-Institutional – Weekly Dividend Plan | 10.8256 | 10.8256 | 10.8256 | 23-Sep-2010 |